Closed

$449,900

2724 Melvina Avenue, Chicago, IL 60639
8 Beds4 Baths7 days
2724 Melvina Avenue·Chicago, IL 60639
8Bedrooms
4Bathrooms
About This Home

Spacious and versatile multi-unit property located on extra wide city lot in the desirable Belmont Cragin neighborhood, offering an excellent opportunity for owner-occupants or investors. The first units feature 2 bedrooms / 1 full bath and 1 bedroom / 1 full bath, with ample living areas and functional layouts. The second floor unit offers 3 bedrooms and 1 full bath, providing generous living space and flexibility. The third floor offers 2 bedrooms and 1 full bath with bright and spacious open floor plan. Detached 2.5 car garage with space for potential parking next to garage. This property presents a unique opportunity to live in one unit while generating rental income from the others, or to operate as a long-term investment in a strong rental area (current rents are under market and need adjustment). Conveniently located near public transportation / walk to Metra and buses, Target store, Starbucks, parks, schools, grocery store, shopping, and neighborhood amenities. Shows well and offers excellent long-term potential in a central Chicago location. Two tenants have occupied long term (28+ years). Seller prefers to sell in "as is" condition.

MLS# 12591453Listed March 13, 2026Residential IncomeAmerican 4-Sq.
Property Details

Beds & Baths

Total Bedrooms8
Total Bathrooms4
Total Rooms20

Size & Structure

Garage Spaces3
Lot Size40x125

Location

CountyCook
TownshipJefferson
Zip Code60639

Financial

List Price$449,900
Annual Taxes (2024)$8,580
Monthly Tax Est.$715
Parcel #13293030240000
Interior Features

Heating

Natural GasRadiator(s)

Basement

Crawl Space
Exterior & Lot

Construction

Aluminum SidingBrickFrame

Roof

Asphalt

Foundation

Brick/MortarConcrete Perimeter

Lot Features

Dimensions to Center of Road
Utilities & Parking

Sewer

Other

Water Source

Lake Michigan

Parking

Garage Door OpenerYesGarage OwnedDetachedGarage
HOA & Community

Community Features

ParkPoolTennis Court(s)SidewalksStreet Lights
Tax & Financial
Annual Taxes
$8,580
Tax Year 2024
Monthly Tax Est.
$715
per month
Property Location

2724 Melvina Avenue, Chicago, IL 60639 — Cook County

$449,900
2724 Melvina Avenue
8 bd4 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
7 days on market
3-car garage
40x125
$8,580/yr taxes
$3,079
estimated monthly payment
Principal & Interest
$2,364/mo
Property Tax
$715/mo
$449,900
20% — $89,980
3%50%
6.875%
3%12%
Loan Amount
$359,920
Down Payment
$89,980

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Circle One Realty
Agent: Ryan Cherney
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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